The 27 EU heads of state and government are meeting in Brussels for the EU summit. They will discuss, among other things, further aid for the country invaded by Russia with Ukrainian President Volodymyr Zelensky. Watch this and other news on WELT TV.
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Oil prices rise as Iranian demands hinder outlook for Strait of Hormuz
News Desk
Oil prices increased as Iran’s Foreign Minister, Abbas Araghchi, stated the Strait of Hormuz will remain closed without significant US concessions, including eased sanctions. Brent
What Iran’s new demands for reopening Strait of Hormuz mean for the US?
Loisa Lane
Iran sets tough terms to reopen Strait of Hormuz, demanding the US lift its naval blockade and compensate for war damages.